Independent Leading Corporate Governance Research

Metrical Inc

METRICAL INC. is an independent leading Corporate Governance research firm in Japan where Corporate Governance is increasingly recognized as an important element on corporate management in these days. Thus, CG research and solutions would become an essential component of global capital markets and play important to contribute to transparency of the markets and maximize shareholders’ value in Japan. 

METRICAL INC. provides Corporate Governance research and analysis including rating services, and  also offers investment research and IR services with solutions and customized profound research on CG and IR issues.

Critical Role of Outside Directors Is an Issue Leading to a Majority of Independent Directors

The Issue of Tenure Is Also Similar to the Issue of Concurrent Directorships

Independent Directors Are Responsible for Disclosures that Have Gaps from the Investors' Perspective

Side Effects of Matching Numbers to Raise the Percentage of Female Board Members

Issues Related to Outside Director Compensation Are Plentiful

Board Diversity Also Confuses Ends with Means

Parent-Subsidiary Listings Are a Microcosm of Japanese Stocks: Change to Value-Creation Is Long Away

Companies Using Outside Board Members for Management and for Matching Numbers Will Widen the Gap

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>The limit is to serve on the boards of two companies concurrently in order to preview the agenda for the monthly board meetings in advance.</li>
<li>There may be challenges to the effectiveness of the nominating committee of a company that nominates a candidate to serve on the board of directors of three or more companies.</li>
<li>With the growing demand for female outside board members, it's hoped that active investment managers will pay attention to the issue of concurrent board membership and make a clear statement.</li>
</ul>


The limit is to serve on the boards of two companies concurrently in order to preview the agenda for the monthly board meetings in advance.
There may be challenges to the effectiveness of the nominating committee of a company that nominates a candidate to serve on the board of directors of three or more companies.
With the growing demand for female outside board members, it's hoped that active investment managers will pay attention to the issue of concurrent board membership and make a clear statement.


Concurrent Directorship Issue Calls into Question Effectiveness of Nominating Committee

TSE Tokyo Price Index TOPIX

Concurrent Directorship Issue Calls into Question Effectiveness of Nominating Committee